The Latest Breaking News from the Reserve Bank of New Zealand

After weeks of negotiations, incoming PM Christopher Luxon announces that populist Winston Peters and libertarian David Seymour will share deputy role

The Reserve Bank of New Zealand is expected to hold its official cash rate at its 15-year high of 5.5 per cent at its meeting this week.

New Zealand’s central bank has raised its benchmark interest rate to 5.5% but signaled its next move would be a cut, sparking a sell-off in the currency

Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie, two kids and dog from Colorado. Their arrival filled a vacancy at the local hospital.

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.16%. U.S. stock index futures this morning recovered from overnight losses and are only slightly lower as bond yields fall on signs of a softening labor market...

New Zealand’s central bank surprised economists on Wednesday by imposing an aggressive half-point rate rise to bring its benchmark interest rate to 5.25%

With soaring mortgage rates expected to strain household budgets, there are calls – including from the Reserve Bank of New Zealand – for the Commerce Commission to investigate bank profits.